Malaysian private sector to register interest in working with Indonesia during PM's official visit


SEPANG: A total of eight memorandums of understanding (MOUs) will be signed between the Malaysian and Indonesian private sector, during the Prime Minister's maiden official visit to the neighbouring country, says Datuk Seri Zambry Abdul Kadir.

The Foreign Minister said there will also be a ceremony to hand over 11 letters of interest (LoI) by Malaysian companies to the Capital City chairman Bambang Susantono to register Malaysia’s interest to work closely with Indonesia to develop the new capital city in Kalimantan.

Datuk Seri Anwar Ibrahim is making his maiden official visit as the 10th Prime Minister to Indonesia on Sunday (Jan 8).

During his two-day visit, Anwar will also be meeting Indonesian president Joko Widodo on Jan 9 at Istana Bogor.

The Prime Minister will be accompanied by Zambry and International Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

At the curtain raiser before his official visit on Saturday (Jan 7), here, Zambry said the visit would primarily focus on issues relating to border demarcation, trade cooperation, migrant workers and palm oil discrimination, among others.

"Among the key issue that will be discussed are economic cooperation including Malaysia’s potential investments in Ibu Kota Negara (IKN) Nusantara, strategy to address the discrimination against palm oil by the European Union (EU), land demarcation and maritime delimitation issues, employment and protection of Indonesian migrant workers and as well as Asean chairmanship by Indonesia in 2023," he said.

During this visit, Zambry said Anwar was also scheduled to deliver a public lecture on Malaysia and Indonesia Strategic Relations and have an engagement session with the Malaysian diaspora in Jakarta.

In 2021, Indonesia was Malaysia’s seventh-largest global trading partner and third within Asean with trade valued at RM95.31bil.

For the period of January to November 2022, Indonesia was Malaysia’s sixth-largest trading partner globally and the second-largest trading partner within Asean with the total trade increased by 41.7% amounting to RM120.26bil.

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